The opportunity for development in the financial markets of the Gulf states has never been so clear and necessary as it is in its present climate, but the GCC needs to address reforms for the market to continue moving forward
The Gulf Co-operation Council (GCC) capital markets ' Bahrain, Dubai, Kuwait, Oman, Saudi Arabia and Qatar ' pose both a challenge and an opportunity for the very same reason: they are underdeveloped, even grossly so in some cases, in comparison to some of the emerging markets we see elsewhere in the world. Never has the opportunity for development been so clear and necessary. This is a region that is beginning to appreciate the importance of having a more developed and sustainable capital markets proposition. And whether in the more liquid markets such as Kuwait or less liquid markets ...
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